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Electric services provider $PNW reported rise in 4Q15 earnings on lower operating and maintenance costs, higher retail sales and favorable weather. Net income rose to $41.12MM or $0.37 per share from $5.41MM or $0.05 per share. Revenue grew to $734.43MM from $726.45MM. Cost management and operational performance also contributed to results.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?